Sunday, January 15, 2012

2012 - NIFTY FUTURE YEARLY VIEW



ABOVE 4900 MARKET IS ON POSITIVE SIDE IN THIS YEAR, GOING LONG IS GOOD WITH THE STOPLOSS OF 4300.

MARKET GO UPSIDE 5200 AND 5725, THESE ARE THE MEDIUM - TERM RESISTANCE  IF THESE ARE BREACHED THEN IT MAY GO UP TO 6150 AND 6500 IN THIS YEAR.

IF 4300 IS BREACHED THEN IT MAY GO UP TO 3700 IS THE MEDIUM - TERM SUPPORT IS THERE, ALSO ELECTION GAP IT THERE, SO AFTER FILLING IT MARKET MAY REVERSE IN THIS AREA.

OR OTHERWISE IF IT BREACHED DUE TO GLOBAL ECONOMIC VALUES, THEN IT MAY GO UP TO 3400 AND 3150 RANGE.

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